From importer to major manufacturer: «Electrika Group»

ArmInfo. Cable ducts, metal boxes, about forty types of lamps and more than 50 other products: the company "Electrika Group" presents a range of products on the market with an affordable price-quality ratio, which allows you to solve both large construction projects and individual tasks.

The company's history spans 16 years. At first, the company was engaged in commercial activities and imported products, and then decided to open its own production, organizing the entire production cycle in one place - from raw materials to ready-made solutions. A partner of the Electrika Group company is Acba Leasing, with whose support the production was fully automated and equipped with modern equipment.

"It was decided that the products that we imported from other countries should also be manufactured in our country, thereby supporting its economy. From the very first day of the establishment of production, we have been cooperating with Acba Leasing, thanks to which we were able to purchase all the necessary equipment. Acba Leasing provided us with a good opportunity to achieve our goal in a short time. The uniqueness of our plant is that we were able to build a large-scale production in a small area. The advantage of our production line is that it can produce cables of any size and length. There are no analogues in Armenia. Our research shows that around the world, several production lines are used to obtain such a wide range of products, while we do it on one,” said Joseph Mirzakhanyan, Chief Engineer of Electric Group.

Electric Group presents its products in 7 stores, and in the near future it is planned to increase the production area and product range.

Acba Bank is a 100% shareholder of Acba Leasing.